The Positive and Negative Effects of a Strong Aussie Dollar
Understanding the effects of currency movements is essential to successfully investing in the stock market. You cannot assume that a strong exchange rate means strong economic growth. Like the stock market, the exchange rate can be determined by the sentiment of buyers and sellers and not on fundamentals. That is, exchange rate movements may be driven by speculation. A strong exchange rate may affect the economy in different ways. These are the negative and positive implications of a strong Aussie …
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